First Choice Net Income vs. Market Capitalization
First Choice Healthc Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First Choice's current stock value. Our valuation model uses many indicators to compare First Choice value to that of its competitors to determine the firm's financial worth. First Choice Healthc is one of the top stocks in net income category among its peers. It also is one of the top stocks in market capitalization category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Choice's earnings, one of the primary drivers of an investment's value.First Market Capitalization vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
First Choice |
| = | (3.89 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
First Choice |
| = | 1.14 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
First Market Capitalization vs Competition
First Choice Healthc is one of the top stocks in market capitalization category among its peers. Market capitalization of Health Care industry is currently estimated at about 194.95 Million. First Choice maintains roughly 1.14 Million in market capitalization contributing less than 1% to equities under Health Care industry.
First Choice Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Choice, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Choice will eventually generate negative long term returns. The profitability progress is the general direction of First Choice's change in net profit over the period of time. It can combine multiple indicators of First Choice, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
First Choice Healthcare Solutions, Inc., through its subsidiaries, provides healthcare services in the United States. In addition, it subleases 29,629 square feet of commercial office space to affiliated and nonaffiliated tenants. First Choice operates under Medical Care Facilities classification in the United States and is traded on OTC Exchange. It employs 207 people.
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Choice. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Choice position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Choice's important profitability drivers and their relationship over time.
First Choice Earnings per Share Projection vs Actual
Use First Choice in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Choice position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Choice will appreciate offsetting losses from the drop in the long position's value.First Choice Pair Trading
First Choice Healthc Pair Trading Analysis
The ability to find closely correlated positions to First Choice could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Choice when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Choice - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Choice Healthc to buy it.
The correlation of First Choice is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Choice moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Choice Healthc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Choice can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your First Choice position
In addition to having First Choice in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 213 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Most Shorted Equities Theme or any other thematic opportunities.
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Additional Tools for First Pink Sheet Analysis
When running First Choice's price analysis, check to measure First Choice's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Choice is operating at the current time. Most of First Choice's value examination focuses on studying past and present price action to predict the probability of First Choice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Choice's price. Additionally, you may evaluate how the addition of First Choice to your portfolios can decrease your overall portfolio volatility.